NOT LISTED FOR SALE

227 E Hanover Ave Morristown, NJ 07960

Estimated Value: $442,000 - $521,000

3 Beds
1 Bath
768 Sq Ft
$630/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $365,000 $475 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,983/month

20 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Country Kitchen
  • Alfred Vail School Rated A-
  • Thermal Windows
  • Laundry Room

About This Home

As of December 2022

Yes, an affordable home in Morris Twp! This 3 bedroom 1 bath ranch is not only a reasonable price, but also has low taxes. Enjoy a flat yard with 2 sheds and a newly paved driveway and parking area. You will love the hardwood floors, granite counters in the kitchen, and all appliances are included. The full basement offers plenty of storage. The location is convenient to 287 plus downtown Morristown, shopping, supermarkets, etc.

Last Agent to Sell the Property

IAN A. WOLF

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 201-838-6367 Listed on: 10/12/2022

Last Buyer's Agent

ALVARO HERNANDEZ

NEW AND MODERN GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,627

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned RA-7

Parking

  • 4 Parking Spaces

Home Design

  • Ranch Style House
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Thermal Windows
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-10303-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,627

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1961
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 227
  • Directions: Ridgedale Ave or Martin Luther King Ave to E Hanover Ave to #227
  • I D: 5184675
  • Modified: 2023-12-13
  • Number Images: 29
  • First Name: IAN A.
  • First Name3: ALVARO
  • Last Name: WOLF
  • Last Name3: HERNANDEZ
  • Office Phone: 973-867-1159
  • Attribution Contact: 201-838-6367
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr
  • Number Rooms: 5
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full, Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room
  • Kitchen Area: Country Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath(s) Other, Kitchen, LivDinRm
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Metal Fence, Storage Shed, Storm Door(s), Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 0.19 AC
  • Assessed Improvement Value: 114700
  • Assessed Land Value: 75000
  • Assessment: 189700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19
  • Zoning: RA-7

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3627
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-10303-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.912
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2011
Sold by
Nicholson Pete Leo
Bought by
Russell Julian
Current Estimated Value
$483,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,125
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Nicholson Andrea
Bought by
Nicholson Pete

Purchase Details

Closed on
Jan 23, 2006
Sold by
Nicholson Pete Leo
Bought by
Nicholson Pete Leo and Nicholson Andrea

Purchase Details

Closed on
Mar 28, 1995
Sold by
Plaia Lisa
Bought by
Nicholson Pete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
8.8%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Russell Julian $217,500 None Available
Nicholson Pete $25,000 Title Services Of Nj Inc
Nicholson Pete Leo -- --
Nicholson Pete $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Alvaro $354,050
Previous Owner Hernandez Alvaro $354,050
Previous Owner Russell Julian $163,125
Previous Owner Nicholson Pete L $182,200
Previous Owner Nicholson Pete Leo $227,500
Previous Owner Nicholson Pete $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $365,000 +4.3% $475 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $349,900 -- $456 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,008 $209,900 $75,000 $134,900
2023 $4,008 $199,900 $75,000 $124,900
2022 $3,627 $189,700 $75,000 $114,700
2021 $3,627 $189,700 $75,000 $114,700
2020 $3,532 $189,700 $75,000 $114,700
2019 $3,477 $189,700 $75,000 $114,700
2018 $3,439 $189,700 $75,000 $114,700
2017 $3,417 $189,700 $75,000 $114,700
2016 $3,363 $189,700 $75,000 $114,700
2015 $2,820 $111,200 $51,800 $59,400
2014 $2,783 $111,200 $51,800 $59,400
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    IAN A. WOLF

    KELLER WILLIAMS METROPOLITAN

  • A

    Buyer's Agent in 2022

    ALVARO HERNANDEZ

    NEW AND MODERN GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3812530

Garden State MLS

APN: 22-10303-0000-00004

New Jersey Morris County Morristown 07927

227 E Hanover Ave, Morristown, NJ

This home is located at 227 E Hanover Ave, Morristown, NJ 07960 since 12 October 2022 and is currently estimated at $484,061, approximately $630 per square foot. This property was built in 1961. 227 E Hanover Ave is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

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